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back to uncertainty. we want the economy to get better. we will like it to be better soon, as fast as it can happen. when that happens, then this competition for our best and brightest talent will go up. in that environment, i am concerned that as they are weighing -- not the personal threats to themselves which they are willing to take -- but when they are weighing the financial certainty for their families that they will come down on a different side than government service. that is an important question. we have an all volunteer military. it has been stressed. this is another stressor. we need to be mindful of this because we are competing for the best talent. we have been getting it. there are magnificent people that raise their right hand, civilian, uniform, or whether they serve as contractors. it does not matter. they are all working hard to do the right things. it is preserving that. there is an impact here with what is going on. it is coming to our level. they are telling us there is an impact on them, and we need to be mindful of it. >> general alexander, could you comm
economy, and bring down energy costs. the budget also promotes economic growth, job creation, supports research and development in the energy sector, and moves america to a more energy independent state. it expands oil and gas development, which could generate a half a million new jobs and $14.40 trillion in increased economic activity. by preventing or delaying domestic energy exploration, the obama administration has driven jobs overseas. in this budget, the house republicans in the subsidies, -- support for this budget translates into a response will plan to grow our economy and create jobs. i yield back my time. >> i would like to yield two minutes to the gentleman from indiana. >> thank you. what we are doing here today, people in america are hurting. too many parents have come home and tell their children they do not have a job. washington has refused to make the tough choices necessary to jump-start a healthy economy to create jobs and opportunity for every american. we hear a lot from the other side of the aisle about a balanced approach. there is not much balanced about a budg
to be fiscally responsible and reduce the deficit. to make velft to grow our economy and to meet our obligation to our seniors, to our families and to our future and the republican budget fails all three. republican budget threatens our nation by undermining our economic growth and by shifting the financial burden for the deficit, and the deficit reduction, to our seniors and the middle class. republicans have made their choices clear, end medicare as we know it, adding costs to seniors today and ending the medicare guarantee tomorrow, slashing investments necessary for economic competitiveness and giving millionaires an average of $400,000 in tax breaks. republican budget eliminates protection for millions of our sickest seniors who depend on nursing home and home health services and republican budget will increase taxes for average middle-class families by $3,000. their choices will cost two million jobs next year alone and decrease economic growth by 1.7%. in contrast, the democratic alternative present serves -- preserves the medicare guarantee and makes investments in education, innovation
mostly on the british economy. specifically on budget reform, childcare benefit, and performs to the national health service this is just over 30 minutes. >> order. questions to the prime minister. >> number one, mr. speaker. businessorning, i had with ministerial colleagues and others and i shall have further such meetings later today. time minister the believes there is an alternative to his double debt and his loss of a aaa credit rating. is he aware that some in his cabinet believe there is an alternative for him? >> what this government is delivering is a million private sector jobs, the fastest rate of job creation in this country's history and banged on the debt by 25%. we have cut immigration by a third. we have a long road to travel, but we are going in the right direction. i'm sure that the prime minister will wish to add his condolences to the family and friends of christina at ken's who was murdered on a path to school in my constituency last thursday morning. the government is right to introduce minimum custodial substances for people convicted of threatening some
national debt is bigger than our entire economy. unless we change course, we will add another 9 trillion over the next ten years to our national debt. that debt will weigh down our country and our economy like an anchor. at some point, lenders will lose confidence in us. they will demand higher interest rates. and when they do, interest rates across the country will skyrocket on credit cards, mortgages, car loans, families. as interest rates rise, debt payments will overwhelm all other items in the budget and the debt will overwhelm the economy. our finances will collapse, the safety net will unravel and the most vulnerable that is who suffers the most under a debt crisis. a debt crisis would be the most predictable disaster in our history i look back at 2008 like it was jerds sometimes and i remember seeing all the all that was happening and i remember the panic meetings with the treasury secretary and looking back we can see what happened but at the moment it was a crisis that hit us like surprise and look what happened at the meantime look at the trillions of dollars of wealth loss, l
security at this time is not the deficit. it is the economy. it is the lack of jobs. it is a future where the u.s. cannot compete with its global peers. this will bring us closer to that scenario. chairman ryan and i share wisconsin. this is a blue-collar county where people are proud of the work they do and they want to be working. but they are struggling. four years ago, 2000 employees lost their jobs. a company announced they were shutting down. we do not help them or america when we keep tax incentives for companies to ship jobs overseas instead of incentivizing companies to hire in wisconsin and in america. we do not help them when we cut programs and raise taxes on the middle class so we can lower the tax rates for the top earners in this country. that seems to be what we received in the budget that is on our guest today. budget should reflect values. what we need to do is focus on economic growth and how to get the people of america back to work. we need a real path to prosperity. when we invest in infrastructure, research, development, small business loans, we can increase competi
it is important to realize that it is possible to make investments in our economy today, create jobs, repeal the sequester, and still reduce our deficit in a responsible and laled way. -- and balanced way. in closing i urge my colleagues not to be scared by the rhetoric that sometimes we hear. instead, i urge my colleagues to support one of the multiple budget proposals that reduce our deficit responsibly while creating jobs today and protecting the important programs like medicaid and medicare for generations to come. i yield back the balance of my time. the speaker pro tempore: the gentlelady yields back her time. the gentleman from georgia. mr. woodall: thank you, mr. speaker. i yield myself such time as i may consume. i thank the gentlelady for being with me on the floor today. i'll say that we sometimes have some controversy in the rules committee, mr. speaker. there is a lot of responsibility that lies in the rules committee. with 435 folks here in this chamber. we all would like to have our say. we'd all like to have our say probably more than once. and the rules committee's tasked wi
, growing the economy, strengthening the middle class and reducing the deficit. our proposal puts people to work this year with specific and targeted investments, while investing also in education, energy, research and infrastructure and keeping our commitment to america's seniors. our plan is fair, balanced, reasonable and responsible. it is pro-growth, pro-people, pro-america and approach favored by the majority in this country. i yield back the balance of my time. mr. horsford: thank you, congresswoman bass. and to focus on jobs and investing in our future, the fact that is pro-growth, pro-people and 70% of the american people support this type of approach is why the c.b.c. is offering this as an alternative to the house republican majority. and to speak further on the pro-growth needs of this budget, my representative -- my colleague, i should say in the new freshman class. it's been a delight to get to know her, the gentlelady from ohio, representative beatty. mrs. beatty: thank you so much. thank you, mr. speaker. i rise today to discuss house budget committee chairman ryan's fisca
reserve's two day meeting on the economy wraps up. that begins at 2:30 eastern time. >> coming up, the head of immigration and customs enforcement testifies about the release of nearly 2000 immigrants because of budget constraints. the 2014 budget plan put out by chairman paul ryan would balance the budget in 10 years and put in place medicare changes. the chamber should finish work on boating on the measure on wednesday. here is tuesday's debate. mr. ryan: i bring forward and present the budget resolution for the fiscal year 2014. we believe that we owe the american people a responsible balanced budget and that is precisely what we are bringing to the floor today. our budget balances the budget within 10 years and it does so without raising taxes. balancing the budget will help us foster a healthier economy, it will help us create jobs. in fact, two leading economists released a study analyzing our budget and its positive effects on the economy and jobs. in the first year they said it would, quote, boost the economy immediately, increasing both of our economy by a whole percentag
was a pretty basic statement. i said, when we think about the health of the u.s. economy, we have to remember that a private sector job in a public-sector job -- and a public-sector job are not the same thing. it private sector job pays for itself. a public-sector job is paid for by taxpayers. i thought it was a pretty obvious statement. later, my staff was contacted by a reporter who felt that he needed to fact check the statement. seriously. it was interesting to me, because it said how little so many people understand what makes the economy go. one of our fundamental issues in this country is we have a lot of people setting policy that impacts our economy, but they don't understand how the economy actually works. and the impact of that policy. my second anecdote is this, in a of smallll, 70% business owners said that they thought the federal government was hostile to them. not neutral. not negative. hostile. remember that figure, remember that statement. here we have the stock market achieving record highs day after day. we have large companies in many, many industries reporting record pro
jobs and improve the economy in every one of our districts, in every state in the union. i would turn, if i could, to my colleague, mr. polcan, who has some of the rations. >> i am glad you brought this amendment forward, mr. blumenauer. when i was on the joint committee on finance, we were the only committee in the country that had to approve every single dollar that came through from the recovery dollars. in our state, every single dollar came to our committee. i got to see exactly where those investment dollars went to our transportation projects. we had a report at the time from the road building and vertical construction industry, not your most left-wing organization, that said 54,000 jobs were saved or created in wisconsin because of that investment in infrastructure. i remember sitting in this very room and i asked dr. elmendorf that same question. i said is it true, and he set up to 3.3 million jobs were saved or created because of those recovery dollars. i can tell you in wisconsin, we saw the benefit. it came from the private sector. we saw the benefit for small businesses -
this economy. and i thank you once again, my good friend from california, for making all the important points this evening. mr. garamendi: washington, d.c., your leadership in this community has been known for some time and i thank you very much for joining us tonight. i want to do two things before i end. first of all, medicare is back on the table. the ryan budget takes up medicare once again and provides a voucher that will destroy it. i'm going to change this. medicare, 1965, president 2013, created by l.b.j., destroyed by the g.o.p. i don't think so. seniors don't want it. americans don't want it. the last campaign for presidency, this was one of the major issues and ryan is coming back with it. bad idea, bad timing. and i want to end with this, this is a great country. there is no other place in the world like the united states. it is one terrific country. there is enormous energy in this country, where people want to get a job and go to work and businesses want to grow and hire people. all of that is waiting for congress to get its act together, to get this sequestration out of the way
to the sequester republicans will not replace. just as the economy is improving for our neighbors and small businesses back home. in contrast, the democratic alternative will cren rate 1.2 million more job, stop the sequester and in committee, democrats proposed to close those special interest tax loopholes that riddle our tax code, republicans said no. democrats proposed to offset unwise republican cuts to medical research like alzheimer's, cancer, diabetes research at n.i.h., republicans said no. democrats tried to cut the special interest spending in the tax code to offset republican cuts to students who rely on pell grants but republicans said no. mr. van hollen: i yield the gentleman another minute and a half. the chair: the gentleman is recognized. ms. castor: the democrats in the budget committee proposed to strengthen medicare and replace the republican plan to turn medicare into a voucher program. all it does is simply shift the cost tour families and older neighbors. mr. speaker, this republican budget is not consistent with american values. it is not fiscally responsible. it is a
-- to turn the corner on deficit reduction and support rowing the economy. of that -- support growing the economy. of that, we have already committed to 2.4 trillions -- to $2.4 trillion. , we have to find in some way $1.6 trillion less interest essentially. one way is the sequester. $1.2 trillion in sequester. that is one way. the chairwoman's budget does it a different way. we are sank him instead of using the sequester to get the $1.2 trillion because it does not reflect common sense, it's just arbitrary and across the board during instead of use -- across- the-board. instead of using the sequester, we use this budget which meets the $1.6 trillion with interest durin. in total, it's $1.85 trillion. is that correct? >> yes. if you look at where our target is to get to all the bipartisan andps and where sensible -- were simpson-bowles wanted us to is a path to get to 4.3 c and dollars -- $4.3 trillion to get to thesis mark. x one ways to do sequester. one ways to do it the way we are doing it, which is come instead of arbitrary across-the- board cuts, doing it in what we would view a
start controlling spending, but also focus on getting the economy back in track. i mentioned to the president if you want to start today and creating jobs, energy is a really good place to start. pen the stroke of the president could create 25,000 jobs. and look at the outer continental shelf, there are a lot of opportunities to create tens of thousands of good, high- paying jobs in the energy industry were not only do you , but youally good jobs also bring in treasury revenue that will reduce the deficit. you allow the country to become energy independent so we do not have to buy so many -- so much oil from the eastern countries that do not like us. we will see in the next few weeks if the president is serious about working with us. >> where did the president say i agree with you, let's do that? >> i specifically mentioned to the president on spending. he came as we said he will close the white house to tours. i said instead of these kinds of things of closing of the white house and threatening to lay off food inspectors, how about working with us on real specific ways that
economy, child-care benefits, and reforms to the national health service. this is just over 30 minutes. >> order. questions to the prime minister. eagues and others and in addition to my duties in this house i shall have server, furt >> the prime minister. >> this morning, i had meetings with ministerial colleagues and others, and, in addition to my duties in this house, i shall have further such meetings later today. >> we all know that the prime minister believes there is no alternative to his double-dip, his double-debt, or his loss of the triple-a credit rating, but is he aware that his back benchers and some of his cabinet believe there is an alternative to him? hear, hear. >> what this government are delivering are 1 million private-sector jobs and the fastest rate of new business noires history. we have paid down the deficit by 25% and have cut immigration by a third. we have a long, hard road to travel, but we are going in the right direction. >> hear, hear. >> mr. james morris. >> i am sure that the prime minister will wish to add his condolences to the family and friends of c
it is simpler, fairer and more competitive to grow our economy. secondly, it actually produces a balanced budget. why is this important? a balanced budget will give young people more opportunity. a balanced budget will protect programs and preserve programs that are essential for seniors. and most importantly, mr. speaker, a balanced budget will encourage and promote a healthier economy. mr. speaker, it's time for washington to take a lesson from minnesota families and deliver on a balanced budget, and i yield back. the speaker pro tempore: the gentleman yields back. at this time the chair lays before -- are there further requests for one minutes? seeing none, the chair lays before the house the following personal request. the clerk: leave of absence requested for mr. culberson of today, mr. gardner for today and mrs. napolitano of california for today. the speaker pro tempore: without objection. hese requests are granted. under the speaker's announced policy of january 3, 2013, the gentleman from wisconsin, mr. poe can -- pocan, is recognized for 60 minutes as designee of minority leader. mr. p
food assistance to kids in this country and funding for r&d will drive our economy, but we can't appropriate a sum of money to fix the real cost of iraq. can't pay back the lives of 4,486 american men and women who have died there or the roughly 2,000 broken soldiers who came home and took their own lives. the wounded, physically and mentally, the soldiers who didn't know how not to be a soldier, the families living with a hole in their hearts and the families living with someone they no longer recognize. 10 years leaving their families, living in hell, coming home to unemployment and the homelessness, to a country that's forgotten that it's at war at all, to a country that seems to think a yellow ribbon magnet on their bumper is the only kind of support that oir troops need and the cost in iraq, untold deaths. let me rephrase that. unknown deaths. we can only guess at the destruction that we have left in our wake. 115,000 iraqis, 600,000, you can find the number, what was the long-term impact of that on the environment, the water and health? what happens when someone lives in
reduction is very important, but creating the millions of jobs that our economy desperately needs is even more important. i would go further than that. everybody -- i could tell you in the state of vermont and i suspect in the other 49 states, we have a serious problem with roads and bridges and water systems and schools, broadband. we need to invest in our infrastructure to make this country more productive. when you do that you create jobs. so i am a big fan of investing in the infrastructure and strongly supportive of that proposal. i would have gone higher. host: you can see here in wall street "washington journal," republican plan and blue plan in -- for the democrats. you can see that there. guest: that's the real issue. do you really think that the only way we can move to deficit reduction is cut, cut, cut? when revenue at 18.2%, the lowest in 60 years, i think there needs to be a balanced approach and we need to close outrageous loopholes that corporations enjoy. host: talking to bernie sanders, independent in vermont. folks are eager to talk to you. let's go to edward in grand pr
who balance their own budget that we are going to control spending but focus on getting the economy back on track. and we talk about specifics. i mentioned to the president that if you want to start today and actually create good job energy is a really good place to start. greenlight the key stone pipeline. with one stroke of the pen the president could create thousands of jobs. i represent southeast louisiana. there are a lot of opportunities to create tens of thousands of good high-paying jobs in the energy industry where not will you create high school jobs, a high school graduate could make over 55,000, but you bring in treasury revenue that will reduce our deficit. you allow our country to become energy independent so we don't have to buy so much oil from middle eastern countries who don't like us. we'll see in the next few beeks if the president is serious with working with us. >> where did the president say i agree with you? >> i specifically mentioned to the president on spending and the president kind of famously said he is going to close the white house to tours and school
class and an economy built on nnovation. in my state of the union address, our most important task was to drive that economic growth. i meant it. we should be asking ourselves the questions -- how to make america a land for good jobs? how do we equip people with skills and training to do those jobs? how do we make sure that hard work leads to a decent iving? please feel free to sit down. i'm sorry. everyone is standing. maybe it was one of the effects of the sequester. you had to get rid of chairs. [laughter] i chose argonne national lab because few areas hold more promise for creating good jobs and growing our economy than how we use american energy. after years of talking about it, we are poised to take control of our energy future. we produce more oil that we have in 15 years. we import less oil than we had in 20 years. we have doubled the amount of renewable energy that we generate from wind and solar. tens of thousands of good jobs to show for it. we are producing more natural gas than we have before that hundreds of thousands of good jobs to show for it. we have supported the
revenues. it would cut waste, add jobs and spur economic growth of the economy. it would reduce the deficit by an additional $1.8 trillion without jeopardizing the recovery or harming the middle class. it includes $1.2 trillion in new revenue obtained not by tax increases but by closing loopholes and eliminating wasteful spending that benefits the wealthiest americans and the largest corporations. it eliminates $4 billion in annual tax breaks to the oil and gas industry, an industry that is making profits. they don't need a tax break. in fact, they're making enormous profits. so, why does the ryan budget give them a government subsidy? the democratic plan invests in infrastructure, education, job training and innovation. it is designed first and foremost to help create jobs and strengthen the economy. the house democratic budget also makes critical investments in our future. $200 billion is invested in infrastructure, education, job training and innovation. helping to create jobs and strengthen the economy. these investments include $80 billion for an education jobs initiative, $50 billion
it raises cannot continue. it is a threat to this country. it is a threat to our economy. common sense confirms it. any belief in science tells me to believe that there is no bigger problem. [bell] >> let me quote the cheney who said ronald reagan taught us deficits do not matter. dick cheney was wrong. he is wrong then and he is wrong now. deficits matter. anyone who supported the bush has no business talking about debt. [booing] i helped bill clinton balanced the budget and built a surplus because we had good economic times. good economic times should pay down the deficit as clinton did but to reagan and bush did not. in bad times you have to stimulate and the airtime as president obama is doing. it is like listening to lectures on hygiene from type 40 -- typhoid mary. is more important to america's pursuit of happiness? which is more dangerous to america's pursuit of happiness? eight 350 format before a 44 ounce big gulf. if you come to my house, you would find guns but no cans of soda. i have the right wing position on the giant drink soda thing. i do not like the idea. idea of the
to work productively, for us to roll up our sleeves and get the economy working again, get the millions of people who are struggling to find jobs back to work again. and i am hopeful this conversation today was a positive step in that direction. >> any questions? >> a lot of this conversation has been focused on entitlement reform. i am wondering if you heard anything in there that the president said about a willingness to bring down the cost of entitlements. >> the president has says paul -- has said publicly and reiterated privately he understands that until -- let me put it the way i like to put it. until you make the eligibility for entitlements, you can never solve the problem. until you solve the entitlement concerned, in a way that saves medicare and saves social security and medicaid, because the trusties he appointed are all in trouble, you also cannot save health care, you cannot save the country until you fix this problem. i think the president understands that. his political base is pretty wedded to trying to get additional revenue as a condition of solving the problem. ther
, and middle-class alike. economy isar as the concerned, we are to come together and make it grow. people have been coming out of prison who have been locked up for years and have no sense of direction for what they will do when they get out, just because jobs require certain backgrounds. the money that we pay the why don't we use that to provide a job where everybody gets an opportunity to get off welfare and food stamps? a program should be put in place for those on financial assistance from the government to do some type of work, to earn what they get. those incentives that are being given could be used to develop the economy. thank you, c-span. host: on twitter -- al writes about cpac. that the editorial this morning on cpac from al cardenas as cpac joins its 40th year. travis is on the republican line. caller: there should be a progressive tax on revenue. and i would like to see campaign funds taxed. on the second amendment, it's as we shall not have any infringement [indiscernible]. take care. host: this remark from liz smith -- "usa today" has a story getting attention this friday morni
they need to compete in a very tough economy. today the federal government currently operates more than 50 different job training programs, many of which are duplicative. at a cost of $18 million annually to taxpayers. with nearly 20 million americans unemployed or underemployed, it's time to cut through the red tape and start training individuals with the skills they need to find high-paying middle-class jobs. mrs. wagner: that's why the house will take up the skills lap, which overlaps training programs which eliminates unnecessary red tape so state and local resources goes directly to job seekers. according to the report released by st. louis community college, 76% of employers said that employees lack proper training to contribute right away on the most important demand certificates for job openings were for registered nurses. the skills acts addresses those needs. we need to invest in nurses, manufacturing assistants and cut the ineffective government programs that do little to train employees for the skills they need. i yield back. the speaker pro tempore: the gentlelady yields back
, inheriting the same lousy economy that barack obama did, did you know that today we would have 7 million additional new jobs in america? let me help make that more concrete. 7 million new jobs is the equivalent of getting a job to every man, woman, and child in chicago, houston, philadelphia, and boston. that's what we're talking about. [applause] and the stagnation under president obama doesn't follow uniformly. if you happen to be an environmental lawyer, you're doing great right now. the people who are hurting the most are those who are struggling in the least well-off amongst us. hispanicsident obama, unemployment climbed to 10%. african-american unemployment climbed to 14%. , i have beenme champing what i call opportunity conservativism. -- championing what i call opportunity conservativism. using the means of ascent of the economic ladder. explaining how our free-market system has served as the most incredible engine for opportunity for millions of people from all over the world, who come with nothing and achieve anything. the policies of barack obama do not work, and the people th
? does the supreme ayatollah care whether his economy is going down? >> yes, he does. he does care. it does concern him about the deterioration in the economy because of the prospect for promoting unrest. among the citizenry of iran. ofare seeing more signs that. at the same time, i think the supreme leader's standard for the level of private nation that iran suffered during the iraq war. we don't believe they have reached that point yet. as the supreme leader looks westward or looks at us, he can argue that we are on the decline with our influence declining particularly in that part of the world. his view of the world may not be necessarily fact-based come a particularly when it comes to internal conditions in his country. >> turning again to another long-standing part of us policy, which is nuclear deterrence, which is a policy since the late 1940s -- does deterrence work with a country like north korea or iran? it is sort of the same question. do they care of a mutually assured destruction? are they've responsive to that kind of thinking that has guided us policy for 50 years? a
for a retirement crisis even as the stock market sits near highs and the economy shows improvement. host: so we're getting your take on this. your retirement andization. tell us if you are and why and if you are not, why not? it's a story in the "usa today" as well this morning confidence in retirement continues to flail about this report, because americans have to cope with many immediate financial concerns retirement is taking a backseat. only 2% of workers and a% of retirees say retirement is their most pressing issues. among other worries -- host: at least many americans have a more realistic perspective about retirement says the senior vice president of retirement and investor services at the principle financial group. host: in arkansas, a democrat, are you saving? caller: yes, i save every penny i can get my hands on. host: 401-k or how are you saving? caller: c.d.'s and bank accounts that are ensured. host: why not put it in the market? caller: i can't afford to lose it. i've seen too many people lose their behinds and with what little money i've saved all my life, i can't afford to lose
measures also create good quality american jobs that can help grow our economy for the future. it's a win-win that we should all support. that's why last month i reintroduced two bills that would help our local communities implement these cost saving measures. one is the coastal state climate change planning act which would provide for coastal states who wish to carry out adaptation projects in order to prepare for the impacts of climate change. and another bill is the water infrastructure resiliencey and sustainability act, supporting states wishing to update their aging storm, waste and drinking water systems in order to adapt for climate change. these bills would help our local communities to plan and prepare for the impacts of climate change and increased extreme weather. our communities deserve protections from these potentially devastating events, and we have a responsibility to help. mr. speaker, we have a choice. we can continue to spend tens of billions of dollars annually on emergency aid packages that will only grow in size and quantity or we can spend a fraction of that on pla
. and look where we are going. today our national debt is bigger than our entire economy. unless we change course, we will add another $9 trillion over the next 10 years to our national debt. that debt will weigh down our country and our economy like an anchor. at some point lenders will lose confidence in us. they will demand higher interest rates. when they do interest rates across the country will skyrocket on credit cards, mortgages, car loans, families. as interest rates rise, debt payments will overwhelm all other items in the budget. and the debt will overwhelm the economy. our finances will collapse. the safety net will unravel. the most vulnerable, that's who suffers the most under a debt crisis. a debt crisis would be the most predictable disaster in our history. i looked back at 2008 like it was yesterday sometimes. i remember seeing all that was hatching in front of our eyes. i remember panicked meetings with the federal reserve chairman and treasury secretary, and looking back we can see what happened, but at the moment it was a crisis that hit us by surprise. look what happen
own way. toyou can go to c-span.org check out "first ladies." spoke about the economy and monetary policy. you can see all of the news conference tonight a on c-span. , our policy has two main elements. first, we decided to continue purchasing mortgage-backed perrities at a pace of -- month. it bears to emphasize that the committee has described this program in terms of a monthly pace of purchases rather than a total amount of expected purchases. evolution of the program to economic criteria. within this framework, the committee can vary the pace of purchases. at this meeting, the committee judge -- second, the committee kept the target to the federal fund rate. it will remain appropriate for a considerable time after the purchase program ends and if the economic recovery strengthens. the low range for the fund rate will be appropriate as long as the unemployment rate remains above 6.5%. if economic conditions provided in the guidance are a threshold and not triggers, crossing one or more these marshaled will not automatically lead to an increase in rates. rather the committee will
economy and our debt and deficit. in the creation of jobs that are so important. senator sessions? you have to know what budget does with regard to directing the closing of loopholes and deductions that occur. the plan in the budget is to spend that money. it actually spends it twice. .ut it spends the money if you but that's damon from the professor on the screen, last in this very hearing room, they said this. for business tax reform, the leading corporate tax rate should be in the mid-20s, made for by getting rid of the hand of government that is distorting business behavior and let is this the business. that was the lead democratic witness here. i asked him to repeat it. so you are sam at the money that you get from closing deductions and making the tax code simpler, which i prefer, should be used to reduce the rates and he said yes. and senator baucus believes that. members of your committee have need toed about the simplify and reduce the rate. but if you spend the money, you get some closing loopholes. how do you reduce rates? this is the kind of logic we need to get into our mi
for this mess. no more taxes. we cannot take it in a bad economy. who knows what corn to happen in budgetary fluctuations between today and 10 years from today? entitlements is a very nasty way of saying we have to take something you ever earned and take it back because we cannot decide what to do with your money in the first place. i think the president is wrong. i am a democrat, but i don't support his ideas. tax-and-spend, tax-and-spend. the ryan budget is thdoa. this is too much, too late. who knows what is going to happen between today and 10 years from today? hopefully, i will be alive to get what i earned. i would rather be in my > to continue seeing this misery that the u.s. congress and this president and his health care act needs to be a pair back. it's not going to work. host: david on our independent line from mclean, virginia. caller: i have some questions. it's your guests along the line? host: we're just taking calls right now. our first guest is about a half- hour. caller: one, we would like to get clarification on the senate's passing the budget through an act of reconciliat
have in our economy and deficit. center sessions? >> i commend senator enzi. you have to know what the budget does in regard to directing the closing of loopholes and deductions. plan in the budget is to spend that money. that is what the plan is. it actually spends a twice. can you put that statement on the screen? i want to call your attention. the lead democratic witness in this a very hearing room said this, for business tax reform, the lead item should be corporate tax rates in the mid- 20s, pay for that by getting rid of government that is distorting business behavior and what business the business. that was the lead democratic witness here. i asked him to repeat that. he said, but the money that you get from closing deductions and making the tax code simpler should be used to reduce the rates -- he said yes. senator baucus believes that. members of your committee have all talked about the need to simplify and reduce the rates, but it will use the money you get from closing the polls, how can you close -- a lower the rates? this is kind of logic that we need to get through ou
are choking the life out of the american economy, which is indeed what is happening. could that be done? what do we think the impact would be? >> i will lead it. >> what do you think would happen if we had millions of small-business owners showing up on the national mall and saying , "this is our country too." tothe government is going -- it would have taken 20% of the taxes paid in mexico. almost 1000 people showed up. there were more people outside than were inside. they werezers said tested out there. i am on the same page with you, carly. >> i marched for the first time 1993. life in summer anof it was a proposal to designate 33 million acres of texas as critical habitat. person isle responsive to the level of interest. i think people should march but i think there should be virtual town halls. shouldcannot come you not be disenfranchised from being heard. >> one of the great opportunities we have comes from technology. everything you're talking about technology makes possible. technology allows us to vote on anything, it allows us to create the opportunity for virtual conversations and t
. that is terrible for the economy. march 27 there will be a speech in georgia from steve moore. i'm sure the last thing he will say is we need to increase taxes. host: where do you see and that they can come together? caller: i have been working in politics 50 years. the republicans have compromised ourselves into a $16 trillion debt. it's time for the democrats. we have got to cut spending. obama is not doing anything accept raising taxes -- except for raising taxes. the rich are the heroes because they create jobs. i'm not against poor people, but they cannot give anybody a job. we need to stop the attacks on the rich. we need to cut spending. i am thinking of changing my name to cut spending. host: here is what steve wrote on twitter -- let's hear from dennis in massachusetts, independent. caller: how are you? i am reacting to the report that the senate plan suggests another quarter billion dollar cut to medicare after the $760 billion cut that the senate democrats have already made. as your reporter just said, but guess you havd, it's doubtful that will not affect medicare beneficiaries. i am
are not helping people to improve their conditions. the scandals have devastated our economy. host: thank you very much for the call. this is a profile on the snap program in rhode island. it is an ackerman for the supplemental nutrition assistance program. let us go to jason from britain, new jersey. caller: thank you for this great topic. i think it is one we can all relate to because everyone has to eat. it all starts with food. athink the first lady has set good example with the garden she is growing behind the white house. given to allwas americans to grow a garden. this could wipe out the hunger problem probably within one growing season. some type of tax incentive, some the of extra tax on corporations and oil companies that are getting subsidies. take a small fraction of that away. give that to citizens to grow food. around in onethis season. this is an opportunity out of anniversary -- this is an opportunity. out of adversity comes opportunity. it is a travesty to see americans going hungry. these are programs i did not even get interested in. it is easy for us to blame government. let us
that president reagan saw in inheriting the same lousy economy that president obama did. do you know we would have seven million additional new jobs in america. let met help that i can make more concrete. seven million more jobs that is equivalent to giving a job to every man, women, and child in chicago, houston, philadelphia, and boston. that's what we're talking about. [applause] presidenttion under obama doesn't fall uniformly. if you so happen to be a tax lawyer or environmental lawyer, you're doing great right now. but i'll tell you the people that are hurting the most are those are the struggling and the least well off among us. under president obama, hispanic unemployment climbed to 10%, african american to 14%. unemployment for young people ages 16-19 over 25%. that's why for a long time i've been championing what i call opportunity conservativism, which is every republican, every conservative should focus on easing the steps of the economic ladder. splange how ore free market system has served as the most incredible engine for opportunity, for millions of people to come with nothing
. mr. thompson: the only way to get our economy growing stronger is take an honest account of the fiscal problems we face and put forward policies to address these challenges. it's called budgeting. a fundamental part entails writing and passing a budget, something we haven't seen the senate in four years. four years, that's how long americans have had to wait for the senate to perform its most basic function as a legislative body. before today, the only thing certain was that the senate would not consider a budget. today, the senate democrats introduced a budget and i'm glad they did. it's about time. unform after reviewing their proposal, the only thing certain is that their budget will never balance. we owe the american people a responsible balanced budget. the house budget introduced yesterday, balances the budget in 10 years. the senate democrats' proposal never balances ever. a balanced budget will foster a healthier economy and create jobs, madam speaker. the american people elected us to lead and put forward solutions and not hide from the challenge and posture for
, giving spirit. visualize a future where the economy is growing at a steady pace, entrepreneurs are building businesses, taking risks, innovating, investing, employing millions of americans come and as they employ these americans, they move them up the economic ladder. we are able to pay off our debt. they are confident and proud of their country. partys a vision tea patriots have for america's future. [cheers and applause] a constitutionally limited, fiscally responsible government, where free markets thrive. [applause] and for this vision, we have been mocked, marginalized, and maligned by president obama, nancy pelosi's, and majority leader harry reid. and people from the republican establishment, like senators john mccain and lindsey graham. our are contemptuous of vision, and our vision is distinctly different from today's reality. our country is $17 trillion in debt, and we are headed to bankruptcy. our gross domestic product shrunk, and wall street profits it. seven out of the 10 wealthiest counties in america are right here in boom town d.c. like "the hunger games." corr
and the economy, support for proxies'. if you had the opportunity to sit quietly with the supreme leader of iran and talk to him, talk him out of whatever he appears to be intending to do, what would you say to him about u.s. intentions at u.s. cooperation with our partners in the region? >> i would send dennis rodman over there. [laughter] the truth is the first thing i would do i would ask why they are doing what they're doing and i would like to hear it from him personally. because we know of course what his surrogates and proxy's are doing. i would like to know from him they close by the way, you know in that region that the three countries that have always been country, iran, turkey, egypt, they are the cornerstone of that region. it does not mean that we want to be like them or anyone want to be like them, but we have to account for the fact that those three countries are the historic cornerstones or and points of that region. the first thing i would like to is what is a they believe the future holds for the region and why are they apparently, it seems to me, on a path to try to dredge up
economy and creates good jobs that american people need to support their families. we must balance our budget for our students. those who are currently in our universities and community colleges should feel confident that an investment in their education will lead them to good-paying jobs when they graduate. a balanced budget gives them that confidence that their future will not be threatened by staggering debt. most important we must balance our budget for our children and grandchildren who deserve the same chance of the american dream that we have been given. rather than handing them a bill for this generation's irresponsibility, a balanced budget will allow us to hand them a brighter future, an american future. our budget, a balanced budget, represents a departure from the status quo here in washington and it represents house republicans' commitment to moving our nation forward in a fiscally responsible way. i urge my colleagues to support this resolution and i yield back my time. the speaker pro tempore: the gentleman yields back. the chair recognizes the gentleman from maryland, m
goals. the coalition drawdown will have an impact on afghanistan's economy which is likely to decline after 2014. in pakistan, the government has made no effort to institute -- this past year, the pakistani armed forces continued operations in tribal areas which have been safe havens for al qaeda and the taliban. pakistan saw fewere domestic attacks from the militant group. violence, corruption and this cretinism in africa will threaten u.s. interests this year -- and extremism in africa will threaten u.s. interests this year. we still see a result conflict between sudan and south sudan, extremist attacks in nigeria, a persistent conflict in central africa. china is supplementing its more invest military capabilities but altering maritime law enforcement to support its claims in the south and east tennessee's. it continues its informations dealing campaigns. russia will continue to resist putting more international pressure on syria or iran and display its sensitivity to missile defense. latin america and caribbean contend with weak institutions and trafficking which pose a threat to
of the total economy were over 20%. in this republican fantasy land budgets are balanced with revenues at 19% of the economy, yet meeting the needs of 78 million more seniors and a infrastructure deficit that is growing as america is falling apart. clearly this is not remotely possible if we are going to enjoy anything like our current quality of life. there is a real world intersection of budget saving opportunities with potential areas of agreement. health care reform is one. but not just by shifting the burden to seniors and disabled as the republicans propose in their fantasy budget. my home state of oregon is the middle of an exciting demonstration of how to squeeze out the waste we all know is there and realign incentives. instead of the empty ritual of pretending to repeal obamacare, let's work together to accelerate reform for all americans. if the oregon experiment works, and frankly many of these efeshencies by the way are already achieved in other parts of the country and with some private health systems, we could save more than $1.2 trillion that is the flawed sequester is suppos
mess. a total and complete mess. what we need is leadership. now, by fixing the economy we're able to solve the problems that we really do need to solve immediately as a nation, medicare, medicaid, social security, they become affordable when we become a wealthy country again. you know part of the reason that the republicans and even the democrats they're talking we have to cut, we have to talk because our country isn't doing it. new technology has shown that we have tremendous wealth under our fete in the form of energy. right under our feet. north dakota is a great example. [applause] we're not allowed to go and get it. so we go to opec nations that think we happen to be, they are all friends of mine. they think we're the stupidest people on earth. they can't believe what they are getting away with. we could become so easily the energy capital of the world. so what i say is this, we have to start building things. we have to start manufacturing, not just taking care of people, not just taking care in terms of health care. that is not manufacturing that is money going out. we have
a two day meeting on the economy this afternoon. then fed chairman ben bernanke will hold a news conference. we will have live coverage of his remarks to reporters at 2:30 eastern on c-span3. here's some of what we're covering this morning. the house is expected to finish work on the republican budget of the 2014 budget. live coverage of 10:00 eastern on c-span. on c-span2, the senate is working on a measure to fund the federal government for the rest of the fiscal year. testifying about the ongoing two year civil war in syria. that live hearing starts at 9:45 eastern. this week marks the 10th anniversary of the start of the iraq war. in 45 minutes we will talk with california representative barbara lee, who opposed u.s. military action in iraq. and a congressman who served as a u.s. air force reserve chaplin, we will get his perspective on the war and veterans' issues. will, a virginia senator join us as part of our spotlight on magazine series. he writes about the role of congress in u.s. foreign policy. we will also take your calls, e- mails, and host: good morning, and welcom
things. we must prioritize the economy, and power energy growth, reform education. i believe we are starting for leadership -- starving for leadership. i believe revitalization must be addressed on the state and national level. as conservatives, or identity has become lost amidst diverging messages. we need laserlike focus on the economy. we need to analyze every proposal in light of, will this get america back to work? we need to get people working by reducing the government's role in creation of jobs. my state's motto, mountaineers are always free, which is a delicate means to me that we need to limit government and create more workers independence. in west virginia and so many other states, this means treating a level playing field for all businesses, regardless of their union status. west virginia is the perfect ground for our national principles. west virginians are fiscally conservative, we have the best rainy day fund in the nation, but nonetheless, employment has in my state.ed when liberals are the cause of the low economy, they seem to blame conservatives. i don't unde
economy is broken, people are harmless to improve their communities, our best days are behind us and the nation we know and love is in decline. negativity can have even the most positive among us wondering if it is worth it to get out of bed. i have had those days where keeping the covers over my head all they sounded tempting. you from myor haitian-american communities who latino-american friends, there is great coause for confidence. confidence for our ability to restore the economy and bring greatest to this nation again. this is the united states of america and we have never been a nation of fear, blame, or failure. [applause] i am here today able to speak to you and serve in my community because i was raised by people. i was raised by the community. i was not raised by the federal government. at the republican national convention i mentioned that the american determination is found in every channel who looks at the seemingly impossible -- every child who looks at the seemingly impossible and says "i can do that." that is the confidence we need to restore to our nation. true
population and they have been stuck in a stagnant economy over a decade. if you go to europe, the same thing is happening. the native population has a declining population. your financial growth as a country is based on your labor, your consumption and your production. economicallyvive without a population that grows. that is fed by immigration. need help in both stages. we are graduating prelude engineers, mathematicians, scientists who come from india -- who returned to india and china to apply their trades instead of staying here working for microsoft, ibm and others. we have to provide those folks for an opportunity to work here. if there is no migrant workers, there is the agricultural industry in the united states. is herer labor force undocumented. they do not contribute to our taxes. they do not contribute to our society. it is important to get them out of the shadows and into the mainstream. we would not prosper as a nation without a reasonable immigration policy moving forward, one that fluctuates. the number of people allowed to come to america should be based on the number of opp
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